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Corner Flex Space With Warehouse
For Lease
$500,000

221 Principal Street, La Mesa, NM 88044

Connected storefront and warehouse areas are complemented by a fenced yard and three potential rental spaces.

Space SizeContact for details
Lot Size0.65 Acres
Days on Market9

Property Features for 221 Principal Street

General Information

Standard status Active
Lot size 0.65 Acres
Property subtype Commercial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Warehouse Space 3,200 SF
Listing Agency: Mesa Flats Realty
Listed By: Joel Gilbert · License #REC20230006
Source: Mesaflatsrealty
Added: Aug 23 Changed: Aug 28 Last Checked: Aug 30 at 12:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mesa Flats Realty

Investment Insights

Based on property information with market context.

This flex property combines approximately 2,090 SF of storefront area with approximately 3,200 SF of directly connected warehouse space. The configuration provides separate areas for commercial operations, storage, and other permitted business activities. Three additional spaces may support rental use: a 1 bedroom/1 bath unit, a 2 bedroom/1 bath unit, and a studio.

The property occupies an approximately 0.65-acre corner lot in La Mesa, New Mexico, directly across from the baseball stadium and a church. It is fully fenced and includes yard space that can accommodate outdoor storage or business activities, subject to permitted uses. The combination of storefront, warehouse, yard, and potential rental areas creates a flexible setup for an owner-user or investor.

Key Highlights

  • Approximately 2,090 SF storefront connected directly to approximately 3,200 SF warehouse space
  • Approximately 0.65‑acre corner lot in La Mesa, New Mexico
  • Three potential rental spaces: 1 bedroom/1 bath, 2 bedroom/1 bath, and studio

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy Grocery & Convenience Store Daycare Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88044, NM

3,289
Population
1,331
Households
2.5
Avg Household Size
44
Median Age
23%
College-Educated
80%
High-School Grad
594.3 sq mi
ZIP Area
6
Density / Sq Mi
$60,855
Median Household Income
$40,068
Median Earnings
$540
Median Rent
$194,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Connected storefront and warehouse areas are complemented by a fenced yard and three potential rental spaces.
Where is this flex space located?
The property is located at 221 Principal Street La Mesa, NM.
What is the lease rate?
The lease rate is $500,000.
What are key features of this property?
This property features: Approximately 2,090 SF storefront connected directly to approximately 3,200 SF warehouse space; Approximately 0.65‑acre corner lot in La Mesa, New Mexico; Three potential rental spaces: 1 bedroom/1 bath, 2 bedroom/1 bath, and studio
More about this property
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